President Donald Trump on Friday reversed his decision to eliminate the “de minimis” loophole that allowed packages from China valued at under $800 to be processed without customs duties or tariffs, a ...
The Biden-Harris administration announced Friday that it is taking action to limit the number of imports eligible for the de minimis exception to American tariffs and customs inspection.
Here’s what to know about the de minimis rule: The de minimis rule, or Section 321 of the Tariff Act of 1930, was originally aimed at allowing American tourists to send goods bought overseas to ...
Section 232 or Section 301 of the Tariff Act of 1930. The House committee report also claims Temu’s reliance on the de minimis provision makes it harder to check whether it’s complying with ...